Crypto Essentials

24/7 markets

Never closes

Crypto trades 24 hours a day, 7 days a week, on many exchanges at once, like Binance, Coinbase and Kraken. There is no closing bell, so daily candles simply roll over at midnight UTC.

Liquidity

Liquidity is how many orders are waiting to be filled. With lots of orders, big trades barely move price. On weekends and late hours there are fewer orders, so the same trade moves price further and moves can be sharp.

Test yourself

When does crypto trade?

24/7, including weekendsThere is no closing bell in crypto.

Why can weekend moves be sharp?

Fewer orders on the books means less liquidityThin books move more on the same order size.

High liquidity means…

Many waiting orders, so big trades barely move priceDeep order books absorb big trades.

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Candlr is educational. Nothing here is financial advice, and trading involves a high risk of loss.